Kin

Kik Interactive Inc. is creating a cryptocurrency as a first step to launching a decentralized ecosystem of digital services. The Kin cryptocurrency will first power a digital economy inside of Kik, and then will serve as the basis of interoperability with other digital services in the Kin Ecosystem.

About Kin

Our Motivation

Digital services, such as chat apps and social networks, are
bringing together communications, information, and commerce in new
and unprecedented ways. For future generations, this will be a
natural and core aspect of their daily lives.

At the same time, more and more of these services are controlled
by a diminishing number of companies. If left unchecked, a few
private companies are poised to exercise absolute authority over
the digital services everyone uses, effectively eliminating
consumer choice on a global scale.

Our Vision

Decentralization provides a sustainable way forward. We believe
that a broad group of participants can come together to create an
open ecosystem of tools for digital communication and commerce that
prioritizes consumer experience. As a key player in the chat space,
we are compelled to lead the change required to bring a fair and
user-oriented model for digital services to the market.

Kin is a cryptocurrency designed to bring people
together in a new shared economy.

Envisioned as a general purpose cryptocurrency for use in
everyday digital services, Kin will be used for all transactions
within the Kin Ecosystem. Implemented on the public Ethereum
blockchain as an ERC20 token, Kin will serve as the basis of
interoperability with other digital services in the Kin
Ecosystem.

Kik will be the first digital service to join the Kin
Ecosystem.

Kin will power a digital economy inside of the Kik app. With
millions of users, Kik will drive mainstream consumer adoption of
Kin, establishing fundamental value for the cryptocurrency. By
natively integrating the Kin wallet into the app, it will instantly
become one of the most adopted and used cryptocurrency wallets in
the world.

The Kin Rewards Engine is an innovative cryptoeconomic
structure intended to promote the use of Kin as a common
currency.

Through the Kin Rewards Engine, Kin will be introduced into
circulation as a daily reward, to be distributed among stakeholders
by an algorithm that reflects each community’s contribution to the
overall ecosystem. This economic structure will create a natural
incentive for owners of other digital services to adopt Kin and
become partners in the Kin Ecosystem.

The Kin Foundation will act as the non-profit governance
body for the Kin Ecosystem.

The Kin Foundation’s mandate is to grow an open ecosystem of
digital services that consumers can easily explore and find value
in, while giving developers an open and sustainable platform to
build, enhance and monetize those services. Over time, the Kin
Foundation will ensure the delicate transition of the Kin Ecosystem
into a fully decentralized and autonomous network.

Features

- Will be the unit of account for all economic transactions within
the Kin Ecosystem, and it will serve as the basis of
interoperability with other digital services
- Kin is a pure cryptocurrency of fixed supply. It is fractionally
divisible and long-term noninflationary
- Most of the Kin supply is reserved for the Kin Rewards
Engine
- Kin are fungible and transferable, and they will be expected to
trade on cryptocurrency exchanges
- Provides choice and incentives for users and developers

DISCLAIMER & RISK WARNING

This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.

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